ADDvise Group contemplates issuance of new senior secured bonds and redemption of its existing bonds
Further to recent communication, ADDvise Group AB (publ) (“ADDvise”) has mandated Pareto Securities AB and Skandinaviska Enskilda Banken AB (publ) to arrange a series of fixed income investor meetings starting on 8 May 2023. Subject to inter alia market conditions, a senior secured bond issue in an expected amount of SEK 1 billion and with a tenor of three years may follow (the “Bond Issue”). The proceeds from the Bond Issue will be used to refinance existing debt and to finance general corporate purposes including acquisitions. Accordingly, subject to a successful Bond Issue, ADDvise